On October 16, 2023, Ormat Technologies Inc (Symbol: ORA) experienced significant options trading, with 2,344 contracts exchanging hands, equivalent to approximately 234,400 underlying shares. This figure represents about 60.7% of its average daily trading volume of 386,075 shares over the past month. Notably, the $90 strike call option set to expire on December 19, 2025, saw 576 contracts traded, amounting to around 57,600 underlying shares.
Seadrill Ltd (Symbol: SDRL) reported a trading volume of 5,225 options contracts, approximately 522,500 underlying shares, or about 59.4% of its recent average daily volume of 879,170 shares. High activity was noted for the $25 strike put option expiring on July 18, 2025, with 2,505 contracts traded, representing around 250,500 underlying shares.
Vital Energy, Inc (Symbol: VTLE) saw the highest trading volume among the three, with 7,257 options contracts totaling about 725,700 underlying shares, which is approximately 58.8% of its monthly average of 1.2 million shares. The $20 strike put option expiring on July 18, 2025, had 2,813 contracts traded, amounting to around 281,300 underlying shares.
